Loftus Brian P 4
4 · SUN COMMUNITIES INC · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Sun Communities (SUI) SVP Brian Loftus Withholds 172 Shares for Taxes
What Happened
Brian P. Loftus, SVP and Chief Accounting Officer of Sun Communities, had 172 shares disposed on March 9, 2026 as a payment of tax liability (code F). The shares were valued at $135.44 each, for a total of about $23,296. This was a withholding to cover taxes related to an equity award or option event, not an open-market sale.
Key Details
- Transaction date: 2026-03-09; Filing date: 2026-03-11 (filed within the typical 2-business-day window).
- Shares withheld/disposed: 172 at $135.44 per share; total value ≈ $23,296.
- Transaction code: F — payment of exercise price or tax liability (shares withheld to satisfy tax withholding).
- Shares owned after transaction: Not disclosed in the provided filing.
- No indication of a 10b5-1 plan or other special arrangements in the summary provided.
Context
Tax-withholding dispositions are routine administrative actions when equity awards vest or options are exercised; they reduce the insider’s share count but are not a market sell that signals trading sentiment. Retail investors should view this as a tax-collection event rather than a directional vote on the company.
Insider Transaction Report
- Tax Payment
COMMON STOCK, $0.01 PAR VALUE
2026-03-09$135.44/sh−172$23,296→ 10,311 total